Sandy ,,you can make very good money trading these penny dreadfulls ,,just wait for the flush to pass ,often followed by a prolonged low volume selldown ,then pick your time to buy ready for the inevitable spike ,,,MNE,,OGX,,MNC,, have been very good . BTW,,i always average down when confident. I,m working on 6 others at the moment but all have good cash so less risky.
i've seen you around here for a while. more important you've had your fair share of success.
if it's working for you then that's good.
i don't take the risks which i took pre-GFC, now a days it's more looking at the marketscan indicators.